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Technology Stocks : 1-800-Flowers.com Inc-(FLWS) -- Ignore unavailable to you. Want to Upgrade?


To: neverenough who wrote (65)8/21/1999 4:06:00 PM
From: sjemmeri  Read Replies (2) | Respond to of 125
 
If the new IPO market stays quiet next week (not much scheduled
now), it could be a great week for recent IPOs nearing end
of quiet period like FLWS. It is a sure bet for new buy recs
from GS and others. Opinions?



To: neverenough who wrote (65)8/22/1999 12:10:00 PM
From: marion (Hijacked)  Read Replies (1) | Respond to of 125
 
It appears that both "Raging Bull" and the "Internet Stock Report" are using an incorrect number of shares outstanding. According to the SEC filing, there are 61,621,677 shares outstanding, not the 21,375,472 they are using. This brings the market cap to over a billion dollars.
The float is very small though. Of the 61 million shares outstanding, over 55 million of that is "restricted stock", which leaves the float at 6 million. There is 180 day lock up on the restricted stock. With the float that small, it wouldn't take much to make this stock fly.

sec.gov